National Grid Share Discussion Threads

[atlantic57] 10/2/2018 12:09

Newbank

i agree with your summary .In the real world Labour have to win which will be very difficult given their weak position in Scotland.As you correctly state if they did get into power then actually enacting these proposals would not be as simple as they think.

However i do continue view the comments i made earlier as the main threat to ng


the clash between Governsment desire to keep interests low and the economy's need for higher interest rates must also impact Ng.

[jonwig] 10/2/2018 10:51

@wskill - they can't take the US company: NG. will need to be split in two. (maybe it will be anyway, which would probably release value.)

[wskill] 10/2/2018 10:39

NG.is now valued at less than its US ops strange old world cannot see the company allowing it to be taken into state ownership.
Do you think that the US will be happy that the UK takes a US company that supplies US consumers into state ownership.

[atlantic57] 10/2/2018 10:19

Labour shadow chancellor again states labour will bring all utility companies into state ownership , shareholders will be given gilts in exchange. Who would want to own these.

A Government that owes 2 Trillion pounds in debts.
It will be interesting to see how Ng fares against the threat of going back into state ownership .

The clash between Governsment desire to keep interests low and the economy's need for higher interest rates must also impact Ng.

[andyj] 10/2/2018 00:32

There's good reason to believe 750 is going to provide a support level. In recent months NG has been falling in excess of the market and reluctant to rise on 'up' days. It's a price that's hard to imagine being available in the last few years.As the price has neared 750, there has been a noticeable reversal. Now the price is falling less than the market and dips below 750 are being bought into. Given the volatility this week, that is remarkable. This could be the defensive qualities finally being appreciated in nervy times, but it could be a sign that NG is oversold. Next week will be interesting.

[utyinv] 09/2/2018 22:03

Hopefully some better news:-

The data released on the NYSE website shows that on 31st Jan the short Interest on ADR's from 12th Jan has been reduced by 6%.

From 1,239,925 ADR's to 1,165,638 ADR's = 6%

Total amount being shorted is only 0.18% very low in comparison to other FTSE Companies that have ADRs registered in the US.


Lets hope this is now turning a corner for the better. Obviously if it is, it will be a slow slow recovery as always. It's fast to fall but slow to recover and it only takes some negative news from anything unrelated to give the 'Hedgies' an excuse. Here's hoping we might be on the recovery trail.

Have a good weekend all :)

[utyinv] 09/2/2018 21:52

Finished up in the US approx up 5.7p (rough calculation)

[utyinv] 09/2/2018 17:10

This evening NYSE publishes the Short interest on its website. Its always two weeks out of date but gives and indication on how much of the stock is being 'Shorted' by the Yanks and of course the trend.

[bountyhunter] 09/2/2018 13:25

UI - I believe this is an advfn problem as also occurring elsewhere and the header charts were ok for 11 years+ until the last few days.

On a web page CTL F5 updates the charts when the charts do freeze - on other devices closing and re-opening the browser would probably do it or maybe just re-opening the page on a new tab.

[utyinv] 09/2/2018 13:10

Bounty,

Still not updating.

I am using various means of access, I-Phone, Mac, etc etc

[davius] 09/2/2018 12:43

> A whole generation working in finance haven't experienced a bear market in their working lives.

The FTSE fell over 30% in 2008, 10 years is hardly a generation.

Regarding National Grid, I see the negative pressure on the share price fails to relent. It would not surprise me for this to drop below 600p before showing real signs of recovery. So much for buying a safe stock for the dividend...

[bountyhunter] 09/2/2018 12:41

Index charts now updated as well with additional longer term index charts on rhs.

[bountyhunter] 09/2/2018 12:26

I've changed the ADVFN chart URLs slightly to match their current quote page charts - not sure if that will fix the issue or they just look ok right now because no stalled versions of these charts are cached! Also aligned widths of all charts.

[bountyhunter] 09/2/2018 11:49

press CTL F5 and the charts update - for some reason the stalled charts are cached and not refreshed otherwise! not noticed this issue until the last few days

[utyinv] 09/2/2018 10:32

Charts locked up again. Oh ADVFN someone sleep at the wheel

[garycook] 09/2/2018 08:10

Bear Market is 20% drop from the high !!!

[contango1] 09/2/2018 08:03

Seems this 10% correction is a new phenomenon. The perceived wisdom used to be that a 10% fall indicated a change in direction from bull to bear. A whole generation working in finance haven't experienced a bear market in their working lives.

[srpactive] 09/2/2018 07:15

The dow has now gone back down to the crazy intraday
low ( own 1700pts ) it achieved the day it sunk 1100pts
at the close. I feel all markets will now bounce from
here for a number of weeks, dyor.

I hope to see 750p tested and closed above tonight, dyor
a must in these type of markets.

[bountyhunter] 08/2/2018 21:18

US charts have now updated themselves!
Looks like a stick your head in the sand day tomorrow ;~(

[newbank] 08/2/2018 21:17

DOW down 1032 points.

Uty, you are going to be right.

I also see oil has been hit in the US too.